Thursday, July 5, 2007
What have an investor, an astrologer and a 5 year old child got in common?
The British Association for the Advancement of Science used a professional investor, a financial astrologer and a five year old child to invest £5,000 on the FTSE100. The child invested her shares randomly, the investor based his on experience and the astrologer based her decisions on the ‘birthdates’ of the companies. As a result, the child lost the least amount of money and the astrologer made the largest losses.